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Business Planning Average Salaries in China 2021

How much money does a person working in Business Planning make in China?


Average Monthly Salary
31,100 CNY
( 374,000 CNY yearly)

LOW
15,300
CNY
AVERAGE
31,100
CNY
HIGH
52,700
CNY

A person working in Business Planning in China typically earns around 31,100 CNY per month. Salaries range from 15,300 CNY (lowest average) to 52,700 CNY (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Business Planning careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Assistant Business Development Manager40,800 CNY
Assistant Merchandise Planner23,400 CNY
Business Advisor35,700 CNY
Business Analyst36,900 CNY
Business Consultant34,000 CNY
Business Continuity Associate22,500 CNY
Business Development Associate19,500 CNY
Business Development Coordinator19,500 CNY
Business Development Manager46,300 CNY
Business Development Specialist33,700 CNY
Business Operations Specialist35,900 CNY
Business Process Writer19,700 CNY
Capacity Planner26,600 CNY
Capacity Planning Supervisor33,600 CNY
Change Communications Analyst32,800 CNY
Change Control Analyst35,000 CNY
Contracts Executive35,200 CNY
Corporate Strategy Analyst36,500 CNY
Cost Control Engineer23,600 CNY
Cost Estimator24,400 CNY
Data Executive19,200 CNY
Development Researcher26,600 CNY
Due Diligence Analyst38,300 CNY
Estimating Manager40,400 CNY
General Manager45,000 CNY
Incident Handler23,900 CNY
Incident Specialist30,800 CNY
Lean Consultant27,800 CNY
Manager47,800 CNY
Materials Planner15,400 CNY
Merchandise Controller14,600 CNY
Merchandise Planner16,100 CNY
Operations Analyst32,600 CNY
Operations Research Analyst22,400 CNY
Planning and Reporting Manager37,500 CNY
Planning Director45,500 CNY
Project Administrator23,800 CNY
Project Manager37,600 CNY
Project Planner21,800 CNY
Research Assistant19,700 CNY
Research Engineer23,500 CNY
Research Officer18,800 CNY
Risk Management Specialist34,800 CNY
Scholarship Coordinator17,300 CNY
Store Planner17,400 CNY
Strategy Director51,400 CNY
Top Research and Development Executive52,200 CNY

Business Planning Jobs Salary Distribution in China

Median and salary distribution monthly China Business Planning
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The median, the maximum, the minimum, and the range

  • Salary Range

    Business Planning salaries in China range from 15,300 CNY per month (minimum average salary) to 52,700 CNY per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 30,500 CNY per month, which means that half (50%) of people working in Business Planning are earning less than 30,500 CNY while the other half are earning more than 30,500 CNY. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Business Planning are earning less than 20,600 CNY while 75% of them are earning more than 20,600 CNY. Also from the diagram, 75% of people working in Business Planning are earning less than 40,800 CNY while 25% are earning more than 40,800 CNY.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in China costs anywhere from 146,000 Yuan Renminbi(s) to 439,000 Yuan Renminbi(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Business Planning Salary Comparison By Gender

Salary comparison by gender monthly China Business Planning
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in China who work in Business Planning earn 11% more than their female counterparts on average.

Male
32,900 CNY
Female-10%
29,500 CNY
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in China for all Careers

Salary comparison by gender monthly China
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Business Planning Average Annual Salary Increment Percentage in China

How much are annual salary increments in China for Business Planning professionals? How often do employees get salary raises?

Business Planning

Business Planning professionals in China are likely to observe a salary increase of approximately 12% every 12 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate China Business Planning
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

China / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in China is 7%.

Annual Increment Rate By Industry 2020

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Listed above are the average annual increase rates for each industry in China for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Business Planning Bonus and Incentive Rates in China

How much and how often are bonuses being awarded?Annual Salary Bonus Rate China Business Planning
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Business Planning is considered to be a high bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

22% of surveyed staff in Business Planning reported that they haven't received any bonuses or incentives in the previous year while 78% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus
78%
No Bonus
22%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Business Planning Hourly Average Wage in China


180 CNY per hour

The average hourly wage (pay per hour) in China is 180 CNY. This means that the average person in China earns approximately 180 CNY for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Business Planning VS Other Jobs

Salary Comparison Between Business Planning and Business Planning monthly China
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The average salary for Business Planning is 6% more than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Beijing35,700 CNY
Changchun29,700 CNY
Changsha28,300 CNY
Chengdu32,600 CNY
Chongqing36,100 CNY
Dalian29,400 CNY
Dongguan28,000 CNY
Foshan27,800 CNY
Fuzhou29,700 CNY
Guangzhou34,400 CNY
Hangzhou34,600 CNY
Harbin33,100 CNY
Jinan34,600 CNY
Kunming28,100 CNY
Nanjing31,200 CNY
Qingdao32,100 CNY
Quanzhou29,200 CNY
Shanghai33,700 CNY
Shantou30,400 CNY
Shenyang32,200 CNY
Shenzhen30,800 CNY
Suzhou30,000 CNY
Tianjin32,700 CNY
Wenzhou30,700 CNY
Wuhan35,600 CNY
Wuxi26,700 CNY
Xi an34,100 CNY
Xiamen28,600 CNY
Zhengzhou27,600 CNY

Salary Comparison By State

StateAverage Salary
Anhui32,200 CNY
Beijing26,500 CNY
Chongqing28,400 CNY
Fujian30,200 CNY
Gansu27,800 CNY
Guangdong34,400 CNY
Guangxi31,500 CNY
Guizhou28,800 CNY
Hainan26,100 CNY
Hebei33,100 CNY
Heilongjiang29,500 CNY
Henan34,100 CNY
Hubei32,300 CNY
Hunan32,900 CNY
Jiangsu33,600 CNY
Jiangxi31,200 CNY
Jilin28,500 CNY
Liaoning30,900 CNY
Nei Monggol27,900 CNY
Ningxia26,100 CNY
Qinghai25,900 CNY
Shaanxi30,100 CNY
Shandong34,700 CNY
Shanghai27,800 CNY
Shanxi29,600 CNY
Sichuan34,200 CNY
Tianjin26,900 CNY
Xinjiang Uygur27,600 CNY
Xizang [Tibet]25,800 CNY
Yunnan31,900 CNY
Zhejiang32,600 CNY

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in China earn 6% more than their private sector counterparts on average across all sectors.

Private Sector
28,500 CNY
Public Sector+6%
30,100 CNY
Percentage increase and decrease are relative to the previous value

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